Budget Sheet

Gwangju, Korea

2022 Spring: Feb 05, 2022 to Jun 21, 2022

Courses Begin: Mar 02, 2022

Customize your budget by making selections for optional items. Items with variable prices should be customized based on your spending habits, the actual cost of your airfare, etc. Enter a reasonable number for each of these items or click on the low or high values to select that amount.

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Item	Cost (KRW)	Cost (USD)
Program and Housing Fees
Program fee More Information Program fee		6,080
Housing (Paid directly to your host-university, not included in USAC fees) Housing (Paid directly to your host-university, not included in USAC fees) More Information
Housing: Dormitories - (double room in a 6 person suite)	to	to
Housing: Dormitories - (double room in a 2 person suite)	to	to
Total for Program and Housing Fees: $
Additional Housing and Meals
Meals Meals This amount is based on typical eating habits for students at this program location. Budget accordingly for your spending habits and lifestyle.
Meal Plan (optional for dormitories)	to	to
Meals (if not purchasing a meal plan)	to	to
Mandatory Self-Quarantine (Only select one Quarantine Location)	to	to
Mandatory quarantine accommodation/meals in dorm (Only select one Quarantine Location)
Total for Additional Housing and Meals: $
Other Estimated Expenses
Airfare Airfare prices will vary greatly, depending on date of purchase, departing location, and whether or not you choose a refundable or non-refundable ticket, among other factors. This estimated range includes an estimate of the group flight fare when and where available. You will receive more detailed information regarding the availability of a group flight via your student account. Airfare		to
Personal expenses This amount will vary depending on your personal spending habits and only addresses expenses related to daily living in your program city, not supplemental travel costs. Personal expenses	to	to
Textbooks and class supplies Your course materials, including textbooks, will be available once at the program site. Textbooks and class supplies	to	to
Local transportation This amount is an estimate of your day-to-day transportation expenses in your program city such as commuting to campus and is often based on, for example, a monthly public transportation pass. Local transportation	to	to
Transportation to/from program site This amount is an estimate of your transportation costs between the airport and program site. You’ll get more detailed and up-to-date information and instructions via your student account. Transportation to/from program site	to	to
Student Visa More Information Student Visa		to
Foreign Resident Registration Once you have entered the Republic of Korea on your student visa, you will have 90 days to complete your Foreign Resident Registration onsite. More information on this will be provided on your student account as well as by the host university staff. Foreign Resident Registration	to	to
Travel Insurance Price range not guaranteed and may vary based on your individual needs. This insurance is a recommendation, not a requirement. For more information on travel insurance, consult your Insurance Information document on your Gateway account. Travel Insurance		to
Mandatory Korean National Health Insurance More Information Mandatory Korean National Health Insurance	to	to
Mandatory CNU Insurance This insurance covers death from accident/illness, hospitalization, repatriation and medical evacuation which are not covered by the national health insurance. Mandatory CNU Insurance	to	to
COVID testing
PCR		to
Antigen		to
Total for Other Estimated Expenses: $
Estimated Expenses Before Scholarships and Savings: $

Scholarships and Savings
Scholarships, financial aid, or other savings and discounts More Information Scholarships, financial aid, or other savings and discounts
Total for Scholarships and Savings: $
Estimated Expenses After Scholarships and Savings: $

This budget sheet is for cost estimation only. Some costs are estimates and all costs are subject to change. Choices made here are only for the purpose of budgeting; you will formally select or register for housing, courses, and other options via your Student Gateway account.

Exchange rate used is 1 USD = 1,372.968207 KRW Thursday, April 25, 2024. Be aware that rates fluctuate daily, actual rates may differ and include transaction fees. Items displayed with abroad currencies are generally paid abroad.

Contact USAC Accounting at 866-404-USAC with questions.

Budget Sheet

Gwangju, Korea

Program fee

Housing (Paid directly to your host-university, not included in USAC fees)

Meals

Airfare

Personal expenses

Textbooks and class supplies

Local transportation

Transportation to/from program site

Student Visa

Foreign Resident Registration

Travel Insurance

Mandatory Korean National Health Insurance

Mandatory CNU Insurance

Scholarships, financial aid, or other savings and discounts